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US Dollar chokeholds markets after Trump hits neighbouring countries with surprise tariffs
The US Dollar (USD) rolls through markets on Tuesday after President-elect Donald Trump communicated on his social media channel that his government will issue an additional 25% tariff on imports from Canada and Mexico, with an additional 10% to the 60% already announced during his election campaign on Chinese goods.Fxstreet
Nov 26, 2024
USD slips as markets react to Bessent selection – Scotiabank
The US Dollar (USD) is starting off Thanksgiving week on the defensive as markets react to the President-elect Trump’s selection of Scott Bessent as Treasury Secretary, Scotiabank’s Chief FX Strategist Shaun Osborne notes.Fxstreet
Nov 25, 2024
USD surges on weak European data – Scotiabank
The US Dollar (USD) is ending the week on a strong note. The DXY raced to a new, two-year high overnight in response to weak European data but has conceded a lot of those gains ahead of North American trading, Scotiabank’s Chief FX Strategist Shaun Osborne notes.Fxstreet
Nov 22, 2024
US Dollar surges to two-year high as Eurozone PMIs disappoint
The US Dollar (USD) jumps on Friday to its highest level in two years, with the DXY US Dollar Index popping above 108.00, as Purchasing Managers Index (PMI) data for the Eurozone signaled that the region’s economy fell back into contraction in November.Fxstreet
Nov 22, 2024
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